Wolves chief executive Jez Moxey insists the club are under no pressure to sell their leading players after relegation from the Barclays Premier League was confirmed on Sunday.

Local rivals Birmingham dismantled virtually their entire squad after they went down at the end of last season, but Moxey is adamant Wolves are in a strong financial position although the likes of top scorer Steven Fletcher, winger Matt Jarvis and striker Kevin Doyle are certain to attract attention.

"I am not sure it is inevitable we will lose players. I think there will be interest in some of our players but we are in a very good financial position," he told Sky Sports News.

"We have got players under long-term contracts, we are under no pressure to sell.

"But let's get the season finished, get a manager in place, get that sorted out and then address the reshaping of our team that is required. It is an opportunity to try to get stronger."

Wolves will step up their bid to find a new manager once the season is over but Moxey believes interim boss, Terry Connor, can have a future at the club.

Connor stepped forward from the backroom staff in February to replace the sacked Mick McCarthy for the final 13 games of the campaign.

Moxey said: "Terry is an outstanding coach, he is a Wolves man through and through, he is our manager until the end of the season.

"We will address the situation of the manager once the season is finished and, as far as I am concerned, Terry is an outstanding guy and there is no reason why he should not have a future with us.

"He has had to endure a very difficult situation that he's taken on as effectively as he possibly could. We will address it in detail at the end of the season."